Foreign Garment and Textile Manufacturers Weave Their Way to Success in Vietnam
Garment and textile manufacturers are finding Vietnam an increasingly attractive destination to set up their operations. This enthusiasm was on full display at the recent Saigon Tex garment and textiles annual expo held in Ho Chi Minh City.
Jumpstarting Tech Development and Startups in Vietnam
The world may not know much of Vietnam’s tech startup community, but the changes taking place within this community may soon bring it to the attention of investors and consumers throughout the world.
Revised Laws Could Help Foreigners Build Vietnam’s Real Estate Sector
Foreign real estate investors are optimistic about the future of Vietnam’s investment environment, provided that the draft on the revised Law on Real Estate Business and the draft on the revised Law on Residential Housing are approved by the National Assembly later this year.
Opportunities and Challenges Lie Ahead for Vietnam’s Rice Exports
Vietnam’s struggling rice export industry, while facing many challenges, also has the opportunity to boost exporters through greater efficiency and increased quality,
Sky-High Competition: Vietnam’s Budget Airlines
Budget airlines in Vietnam are seeing strong growth and are taking a large bite out of the market share of the more established traditional airlines. The airline industry as a whole has seen a remarkable increase in the amount of passengers carried and revenues earned. The country’s Ministry of Transport has announced that all of Vietnam’s domestic airlines made a profit in 2013.
Vietnam’s Property Market Expected to Recover
Industry experts predict that Vietnam’s property market will soon bottom out and then gradually improve, on the back of increased liquidity in the low to medium-end housing sector.
FDI in Dong Nai Soars
Dec. 19 – Vietnam’s southern province of Dong Nai attracted more than US$1.6 billion in foreign direct investment (FDI) in 2013, making it one of the country’s fastest growing localities. On Sunday, Dong Nai’s provincial Department of Planning and Investment (DPI) reported that US$843 million had been invested in 78 planned projects and US$773 million […]
Vietnam’s Retail Sector is a Clear Buy
By Edward Barbour-Lacey HCMC – One of the most exciting industry sectors in Vietnam continues to be retail. There are numerous reasons why this industry is particularly attractive to both domestic and foreign businesses. Among its positive attributes, the country has a well-developed economy that continues to improve, a high population (90+ million) and ever […]
World Bank Bi-Annual Assessment: Vietnam
Dec. 4 – The World Bank (WB) released its bi-annual assessment of Vietnam’s economy Monday, projecting that the country’s macroeconomic stability will continue to improve considerably in the medium-term. The report entitled The Taking Stock estimates that Vietnam’s GDP will continue to grow 5.5 percent by 2015. If the country continues to move forward with […]
Vietnam’s Airline Industry Takes Off
According to the International Air Transport Association, over the next year Vietnam should become the world’s third-fastest growing market for international passengers and freight. It will also be the second-fastest growing market for domestic passengers.